67420 E Bay Rd, North Bend, OR 97459

Exceptional Glasgow Investment or Redevelopment Opportunity – 1.8 Acres. Unlock the potential of this unique 1.8-acre property in the desirable Glasgow area. Currently configured with four home sites—including three manufactured homes under lease and one land lease—this property offers immediate rental income with below-market rents, presenting upside for savvy investors. Key infrastructure is already in place: four operational septic systems, four individual water meters, and fully separated utilities for each unit. Three of the manufactured homes feature new roofs, and the grounds have been professionally landscaped and well maintained, reflecting pride of ownership. Additional amenities include five carports and a workshop, enhancing both functionality and tenant appeal. Strategically situated with easy access to town and located in an area known for its favorable weather and enduring demand, this property is ideal for investors seeking stable cash flow or for developers considering future redevelopment. While redevelopment would require a significant upfront investment to remove the existing homes and reimagine the site, the location and infrastructure lay a solid foundation for a transformative project. Don’t miss this chance to secure a property with both immediate income and long-term potential in one of the region’s most attractive settings.